Deals
Stream Sells Santa Ana Office Asset
The buyer, Gold Acceptance, will occupy a portion of the 24,737-square-foot building. The two-story property, originally constructed in 1977, was renovated in 2016.
CBRE Arranges Sale of OC Industrial Asset
Makena Properties acquired the 81,836-square-foot property in Anaheim, Calif., for approximately $12.2 million. The building is fully leased to a dancewear retailer.
Bay Area Office Asset Changes Hands
Robert Wheatley Properties paid $15.5 million for a two-story, 18,353-square-foot office building in Menlo Park, Calif. CBRE arranged the transaction on behalf of the seller, Oak Grove Associates.
WPT Industrial Goes on $96M Shopping Spree
The REIT has agreed to acquire two distribution centers in Oregon and Texas. Combined, the properties offer more than 903,000 square feet of gross leasable space.
Gladstone Buys Suburban Philly Office Asset
The firm acquired a 60,016-square-foot office building for $15.45 million. The property has been fully leased to construction contractor Jacobs Engineering Group Inc. since its completion in 1997.
AMD Global Buys, Renovates Houston Hospital
The development firm is the new owner of a four-decade-old health-care property, currently home to St. Joseph Medical Center in The Heights neighborhood.
Monmouth Lands 316 KSF Industrial Building in SC
The public equity REIT purchased the asset for $21.9 million. The building is net-leased to Autoneum North America Inc., a Delaware corporation.
Berkshire Hathaway Invests $377M in STORE Capital
STORE issued 18.6 million shares of company stock in a private placement to a wholly owned subsidiary of Berkshire at a price of $20.25 per share.
Westwood Financial Lands Sixth NC Shopping Center
The Arbors at Mallard Creek, a 55,323 square-foot retail asset in Charlotte, is the company’s most recent acquisition. CBRE represented both the seller and the buyer in the $25.1 million transaction.
Medical Company Relocates HQ From NoVa to Baltimore
The company plans to invest $6.5 million in the Pigtown headquarters and research and development facility. The firm’s new base is owned by Bernstein Management.